Robinhood

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Time for tip off on college basketball tournament contracts

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Here’s how to trade your bracket with prediction markets. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌.

Hi Smiles Davis, the men’s and women's college basketball tournament contracts are available for trading, and you can get paid $1 for predicting the outcome of match-ups in your bracket. Here’s how it works:

  • Contract prices change based on trading activity 
  • If you own a "Yes" position for the winner, each "Yes" contract will pay out $1 
  • If you own a "No" position for the loser, each "No" contract will pay out $1
  • If your position is incorrect, you'll get $0

Make sure you're on the latest version of the app so you can shoot your shot.